J.P. Morgan JPM bullish on global stocks. “We believe that equities still offer upside, and that the cycle is far from over,” the bank’s strategists, led by Mislav Matejka, wrote in a commentary. “We look for more gains in earnings, bottoming out in China activity, after being cautious on the space last year and expect the…
You may have noticed shortages of certain items at your local grocery store. Some of that is due to supply-chain disruption, which is delaying the transport of goods to retailers.But some of it is also a return to the consumer stockpiling of food and household items that was prominent in the early days of the…
Share to FacebookShare to TwitterShare to LinkedinTopline Frontier Airlines’ parent company, Frontier Group Holdings, agreed to buy Spirit Airlines in a multibillion-dollar deal, the companies announced Monday morning, forming the fifth-largest airline in the United States following the merger of the two low-cost airlines. Frontier Airlines A320 at Cleveland Hopkins International Airport getty Key Facts…
© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen as a trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 15, 2021. REUTERS/Andrew Kelly By Davide Barbuscia NEW YORK (Reuters) – Investors are preparing for more downside…
© Reuters. U.S. President Joe Biden applauds Cranita Jordan, a 4th year apprentice at Ironworkers Local 5, after she addressed the crowd gathered to see the president sign an executive order on federal construction project contracts and labor agreements during a vis By Nandita Bose WASHINGTON (Reuters) – The White House on Monday released a…
3/3 © Reuters. FILE PHOTO: Cars stand in line near a gas station as they wait to fuel up, after the central bank decided to effectively end subsidies on fuel imports, in Jiyeh, Lebanon, August 13, 2021. REUTERS/Aziz Taher/File Photo 2/3 By Timour Azhari BEIRUT (Reuters) – Lebanon’s banking association on Monday rejected a draft…
2/2 © Reuters. FILE PHOTO: A woman shows a screen of her smartphone, where Access bank mobile app is seen among others, in Abuja, Nigeria September 21, 2020. Picture taken September 21, 2020. REUTERS/Afolabi Sotunde/File Photo 2/2 By Huw Jones LONDON (Reuters) – Rapid action is needed to update how cross-border financial services are scrutinised…
The winner of a Las Vegas slot machine jackpot didn’t know he won more than $229,000 because of a “communications error” in the machine, the Nevada Gaming Control Board said.Robert Taylor of Arizona won the jackpot Jan. 8 at Treasure Island Hotel & Casino in Las Vegas. However, because of the error, a malfunction occurred…
The news will undoubtedly delight fans and enthusiasts of cryptocurrencies. January’s cryptocurrency market rout didn’t prompt billionaire Ray Dalio to sell his bitcoins, despite his reservations about digital currencies. The founder and co-chief investor of Bridgewater Associates, the world’s largest hedge fund with about $150 billion in assets under management, confirmed, in a recent episode of…
© Reuters. FILE PHOTO: Ukrainian Foreign Minister Dmytro Kuleba meets with U.S. Secretary of State Antony Blinken (not pictured) in Kyiv, Ukraine, January 19, 2022. Alex Brandon/Pool via REUTERS/File Photo KYIV (Reuters) – Ukrainian Foreign Minister Dmytro Kuleba on Sunday urged people to ignore “apocalyptic predictions” about an imminent Russian invasion, saying his country was…
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